Strength of Europe economy and rising demand for cloud computing in the region are major factors primarily driving the demand for data center services in Europe. The demand is primarily full filled by the co-location service providers that holds the larger share of the market in Europe. Increasing user needs such as predictive analytics, storage requirements and fast data processing are some of the applications of data center. Data centers and cloud solutions are experiencing high demands; and also investments in these technologies are expected to increase significantly.
The Europe Data Center Construction Market is growing along with the Technology, Media and Telecommunications industry, but the market is likely to slow down its growth due to the shortage of skilled professionals, suggests the Business Market Insights report.
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Exponential growth in the data as a result of digital transformation has led to increased demand for edge computing. This rise in the edge computing has further resulted in rapid growth in the array of smaller data centers that are built closer to the population centers. As the edge computing processes, data and services in closer proximity of the end-user, its demand in a smaller emerging market are projected to grow significantly. The Tier-II and Tier-III markets have given rise to the entirely novel category of data centers (edge-data centers). It is also likely that some of tier II and Tier III markets would majorly remain secured from prominent retail & wholesale colocation service providers, facilitating the investment opportunity to the underserved market. These market dynamics are expected to substantially contribute to the Europe data center construction market during the forecast period. Subseuqnelty, providing numerous attractive business opportunities for the market players during thr forecast period.
These factors are expected to offer broad growth opportunities in the Technology, Media and Telecommunications industry and this is expected to cause the demand for Europe Data Center Construction Market in the market.
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EUROPE DATA CENTER CONSTRUCTION MARKET SEGMENTATION
Europe Data Center Construction Market – By Type of Construction
- General Construction
- Electrial Design
- Transfer Switchegears
- Mechanical Design
- Other Cooling Equipment
Europe Data Center Construction Market – By Tier Standard
- Tier 1 & 2
- Tier 3
- Tier 4
Europe Data Center Construction Market – By Industry Vertical
- Telecom Media & Entertainment
Europe Data Center Construction Market – By Geography
- Rest of Europe
Europe Data Center Construction Market – Company Profiles
- CEVA Logistics
- PANALPINA WORLD TRANSPORT (HOLDING) LTD.
- United Parcel Service (UPS)
- C.H. Robinson Worldwide, Inc.
- A.P. MOLLER – MAERSK
- Nippon Express
- DB Schenker
- DHL International GmbH
- KUEHNE + NAGEL
- Cap Ingelec
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